By Nancy Spannaus … By contributing to enlarge the mass of industrious and commercial enterprise, banks become nurseries of national wealth: a consequence, as satisfactorily verified by experience, as it is clearly deducible in theory. – Report on the National Bank Alexander Hamilton put forward his most controversial proposal — […]
By Nancy Spannaus Dec. 12, 2019—While the Federal Reserve, Wall Street, and most politicians brag that the American economy is doing just fine, a study released November 19 by two non-profits provides new information to the contrary: More than two million Americans lack access to clean water. The report “Closing […]
By Nancy Spannaus Dec. 3, 2019—In his first Annual Message to Congress, delivered December 6, 1825, President John Quincy Adams was at his eloquent best. As a lifelong devotee of the American System, President Adams felt compelled to address the “general principle” embodied in the U.S. Constitution which he had […]
By Nancy Spannaus Nov. 30, 2019—On November 26, the American Medical Association issued a dramatic new wake-up call to Americans about the rising death rates which have made the United States the only industrialized country in the world with a declining life expectancy. The AMA’s “Special Communication” was an article […]
By Pamela Lowry General Washington Enters New York City as the British Troops End their Seven-Year Occupation On November 25, 1783, General George Washington received the final word from Sir Guy Carleton that the last of the British troops would be withdrawn from New York City. It had been a […]
By Nancy Spannaus Nov. 22, 2019–“Let Americans disdain to be the instruments of European greatness! Let the thirteen States, bound together in a strict and indissoluble Union, concur in erecting one great American system superior to the control of all transatlantic force or influence and able to dictate the terms […]
By Nancy Spannaus Nov. 21, 2019–“We Must Save America’s Manufacturing Sector, Prosperity in the post-industrial service economy is a myth,” read the headline of an article in Industry Week yesterday. The article presents a solid argument about the disastrous results for empires which have relied on their financial power, rather […]
By Nancy Spannaus Nov. 19, 2019—Are some Democrats actually ready to put the vital issue of infrastructure on Congress’s agenda again? Such a welcome change might be in the offing, thanks to the initiative of Oregon Democrat and Chairman of the House Transportation and Infrastructure Committee Peter DeFazio. Rep. DeFazio […]
By Nancy Spannaus Nov. 8, 2019—The coincidence of recent extravagant claims about the sterling performance of the American economy (highest stock market ever, lowest unemployment rates, etc.) and the persistent decline of key demographic indicators (increased mortality rate, increasing rates of suicide and other deaths of despair), should provoke some […]
By Nancy Spannaus Feb. 22, 2020—My husband Ed and I just returned from a celebration of Black History Month, and that phrase from Dr. Martin Luther King’s 1963 “I have a dream” speech is still ringing in my ears. It resonates as well with the Negro National Anthem “Lift Every […]
( Proponents of the American System of Economics, from Alexander Hamilton through FDR, insisted upon investing in constantly improving technologies in order to improve productivity and conditions of life for the population. Indeed, FDR himself called for “greening the deserts” of Africa in the wake of the Second World War, […]
Draft Legislation To Create a Bank of the United States for Infrastructure and Manufacturing
Merry Christmas & Happy New Year
Merry Christmas & Happy New Year From American System Now This painting is dated 1646, and is believed to have been done by a student in Rembrandt’s workshop, after an etching which Rembrandt himself had created. Rembrandt saw light in the darkness of […]